iShares Russell 1000 Value ETF (NYSEARCA:IWD) Hits New 12-Month High – Here’s What Happened

iShares Russell 1000 Value ETF (NYSEARCA:IWD) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $197.54 and last traded at $197.49, with a volume of 109083 shares traded. The stock had previously closed at $196.11.

iShares Russell 1000 Value ETF Stock Performance

The stock has a market capitalization of $61.93 billion, a PE ratio of 17.81 and a beta of 0.77. The business has a 50 day moving average of $191.02 and a two-hundred day moving average of $183.06.

Institutional Investors Weigh In On iShares Russell 1000 Value ETF

A number of hedge funds have recently made changes to their positions in the stock. Triad Wealth Partners LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter valued at about $25,000. Opal Wealth Advisors LLC purchased a new stake in iShares Russell 1000 Value ETF in the second quarter valued at about $28,000. Eagle Bay Advisors LLC acquired a new position in shares of iShares Russell 1000 Value ETF in the third quarter valued at about $32,000. Nemes Rush Group LLC increased its holdings in shares of iShares Russell 1000 Value ETF by 382.1% in the second quarter. Nemes Rush Group LLC now owns 188 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 149 shares during the period. Finally, Family Firm Inc. acquired a new position in shares of iShares Russell 1000 Value ETF in the second quarter valued at about $37,000.

iShares Russell 1000 Value ETF Company Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).